Earnings Outlook For New York Community

New York Community NYCB is set to give its latest quarterly earnings report on Friday, 2023-04-28. Here's what investors need to know before the announcement.

Analysts estimate that New York Community will report an earnings per share (EPS) of $0.23.

New York Community bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company missed EPS by $0.01, which was followed by a 1.6% increase in the share price the next day.

Here's a look at New York Community's past performance and the resulting price change:

Stock Performance

Shares of New York Community were trading at $9.01 as of April 26. Over the last 52-week period, shares are down 2.81%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for New York Community visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.